WBH Advisory Inc. Buys 1,140 Shares of VanEck High Yield Muni ETF (BATS:HYD)

WBH Advisory Inc. lifted its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 15.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,325 shares of the company’s stock after buying an additional 1,140 shares during the period. WBH Advisory Inc.’s holdings in VanEck High Yield Muni ETF were worth $432,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management purchased a new position in VanEck High Yield Muni ETF in the fourth quarter valued at approximately $523,000. Arkadios Wealth Advisors bought a new position in shares of VanEck High Yield Muni ETF in the fourth quarter worth $315,000. Westside Investment Management Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 12.8% in the fourth quarter. Westside Investment Management Inc. now owns 26,099 shares of the company’s stock worth $1,355,000 after purchasing an additional 2,966 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck High Yield Muni ETF in the fourth quarter valued at $170,000. Finally, D.A. Davidson & CO. increased its stake in VanEck High Yield Muni ETF by 4.1% in the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock valued at $551,000 after acquiring an additional 408 shares during the last quarter.

VanEck High Yield Muni ETF Trading Up 1.0 %

HYD opened at $51.89 on Tuesday. The company has a 50 day moving average price of $51.85 and a two-hundred day moving average price of $52.25.

VanEck High Yield Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2067 per share. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 3rd.

VanEck High Yield Muni ETF Profile

The VanEck High Yield Muni ETF (HYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds. HYD was launched on Feb 4, 2009 and is managed by VanEck.